Core Viewpoint - The company, Benergy Group, has submitted an application to voluntarily withdraw its shares from the main board of the Hong Kong Stock Exchange while retaining its primary listing status on the Singapore Exchange [1] Group 1 - The announcement was made on September 12, indicating a strategic decision by the company regarding its listing [1] - The withdrawal from the Hong Kong Stock Exchange is part of the company's broader strategy to focus on its existing listing in Singapore [1]

格隆汇9月12日丨栢能集团(01263.HK)于2025年9月12日，董事会批准建议从港交所除牌，而于2025年9 月12日，公司向港交所提交申请，从港交所主板自愿撤回股份上市，公司将于建议从港交所除牌后保留 其股份于新加坡交易所之现有主要上市地位。 于2025年8月20日前，公司于港交所(作为主要上市地)及新加坡交易所(作为第二上市地)双重上市。经代 表公司向新加坡交易所提出申请后，公司于新加坡交易所之上市地位已由第二上市改为主要上市，自于 2025年8月20日起生效。于本公布日期，公司现正于港交所及新加坡交易所双重主要上市。 ...

Core Viewpoint - The company, Banan Group, has announced its intention to voluntarily delist from the Hong Kong Stock Exchange (HKEX) while maintaining its primary listing on the Singapore Exchange (SGX) to enhance operational flexibility and reduce administrative costs associated with dual listing [1][2]. Group 1: Delisting and Listing Strategy - The board of directors approved the proposal to delist from HKEX, with the application submitted on September 12, 2025, contingent upon certain conditions being met [1]. - After the delisting from HKEX, shareholders will have the option to hold their shares or transfer them to a central depository for trading on SGX [1]. - The company aims to establish a strategic foothold in Southeast Asia by relocating its headquarters to Singapore and expanding operations in Indonesia [2]. Group 2: Business Operations and Market Expansion - The company is primarily engaged in the design, manufacturing, and trading of electronic and personal computer components, with operational bases in mainland China and Indonesia [1]. - The relocation to Singapore is part of a growth strategy to capture opportunities in the Asia-Pacific region, particularly in Southeast Asia, and to enhance procurement flexibility for high-end GPUs [2]. - The company acknowledges potential challenges from future trade restrictions and tariff changes that may impact its business operations [2].

Group 1 - The company, Banan Group, has announced its intention to voluntarily withdraw its shares from the Hong Kong Stock Exchange (HKEX) and will maintain its primary listing on the Singapore Exchange (SGX) after the withdrawal [1][2] - The board approved the proposal to delist from HKEX, with the application submitted on September 12, 2025, contingent upon certain conditions being met [1] - Shareholders will have the option to hold their shares post-delisting or to have their shares deposited with a central custodian for trading on SGX [1] Group 2 - As part of its growth strategy, the company has expanded its operations into new markets in the Asia-Pacific region, particularly Southeast Asia, and has relocated its headquarters to Singapore [2] - The establishment of a factory in Batam, Indonesia, and the primary listing on SGX are aimed at enhancing the company's strategic position in Southeast Asia and improving procurement flexibility for high-end GPUs [2] - The company acknowledges potential challenges from future trade restrictions and tariff changes that may impact its business, despite successfully relocating its headquarters and seizing new opportunities since listing on SGX [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （新加坡交易所股票代碼：PCT） （港交所股份代號：1263） 建議從香港聯合交易所有限公司主板自願撤回上市 於二零二五年九月十二日，董事會批准建議從港交所除牌，而於二零二五年九月 十二日，本公司向港交所提交申請，從港交所主板自願撤回股份上市，惟須待本 公佈「建議從港交所除牌之條件」一段所載之條件達成後，方可作實。本公司將於 建議從港交所除牌後保留其股份於新加坡交易所之現有主要上市地位。 於建議從港交所除牌後，股東將可選擇(i)持有股份（於最後買賣日期後將不再於 港交所買賣）；或(ii)待其股份存託於中央托收以及符合必要程序及適用法律後， 持有股份（於新加坡交易所上市並可於新加坡交易所買賣）。 建議從港交所除牌須於股東特別大會上獲股東批准。本公司將於適當時候向股東 寄發一份通函，當中載有（其中包括）建議從港交所除牌之進一步詳情、使現時於 港交所買賣之股份可於建議從港交所 ...

PC PARTNER GROUP LIMITED 栢能集團有限公司* (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (SGX-ST Stock Code 新加坡交易所股票代碼: PCT) (HKEX Stock Code 港交所股份代號: 1263) N O T I F I C AT I O N L E T T E R 通 知 信 函 各位非登記股東( 附註 )： 栢能集團有限公司*（「本公司」） – 2025 中期報告（「本次公司通訊文件」）之發布通知 本公司的本次公司通訊文件備有中、英文版本，並已上載於香港聯合交易所有限公司（「 香港交易所」）網站 （www.hkexnews.hk）及本公司網站（www.pcpartner.com），歡迎瀏覽。 閣下若因任何理由以致在收取或接收載於 本公司網址上的本次公司通訊文件出現困難， 閣下可將要求（註明 閣下的姓名、地址及要求）以電郵方式發 送到本公司之電郵地址 pcpartner.ecom@computershare.com.hk 或以書面方式郵寄致本公司的 ...

PC PARTNER GROUP LIMITED 栢能集團有限公司* (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） (SGX-ST Stock Code 新加坡交易所股票代碼: PCT) (HKEX Stock Code 港交所股份代號: 1263) N O T I F I C AT I O N L E T T E R 通 知 信 函 各位登記股東： 栢能集團有限公司*（「本公司」） – 2025 中期報告（「本次公司通訊文件」）之發布通知 本公司的本次公司通訊文件備有中、英文版本，並已上載於香港聯合交易所有限公司（「 香港交易所」）網站 （www.hkexnews.hk）及本公司網站（www.pcpartner.com），歡迎瀏覽。 閣下若因任何理由以致在收取或接收載於 本公司網址上的本次公司通訊文件出現困難， 閣下可將要求（註明 閣下的姓名、地址及要求）以電郵方式發 送到本公司之電郵地址 pcpartner.ecom@computershare.com.hk 或以書面方式郵寄致本公司的香港股份過戶登 ...

[Company Profile](index=3&type=section&id=Company%20Profile) PC Partner is a leading manufacturer of computer electronic products, specializing in graphics cards, motherboards, and mini PCs, while also providing EMS to global brands [Company Profile](index=3&type=section&id=Company%20Profile) PC Partner is a leading manufacturer of computer electronic products, specializing in graphics cards, motherboards, and mini PCs, while also providing EMS to global brands - PC Partner is a leading manufacturer of computer electronic products, with core products including **graphics cards, motherboards, and mini PCs**[7](index=7&type=chunk) - The company also provides **one-stop Electronic Manufacturing Services (EMS)** for globally renowned brands[7](index=7&type=chunk) - Leveraging excellent R&D capabilities and advanced production facilities, the company continuously launches innovative products to maintain its industry-leading position[7](index=7&type=chunk) [Company Information](index=4&type=section&id=Company%20Information) This section outlines key corporate governance and operational information, including board members, committee compositions, company secretary, auditors, legal advisors, registered office, and principal bankers [Company Information](index=4&type=section&id=Company%20Information) This section outlines key corporate governance and operational information, including board members, committee compositions, company secretary, auditors, legal advisors, registered office, and principal bankers - The Board of Directors comprises executive directors (including Chairman and CEO Mr. Wang Xihao), non-executive directors, and independent non-executive directors[8](index=8&type=chunk) - The company has established an Audit Committee, Executive Committee, Remuneration Committee, and Nomination Committee to ensure a robust corporate governance structure[8](index=8&type=chunk) - The company's headquarters are in Singapore, with principal places of business in Hong Kong, and share registrars located in both Singapore and Hong Kong[10](index=10&type=chunk) [Management Discussion and Analysis](index=6&type=section&id=Management%20Discussion%20and%20Analysis) This section provides an overview of the Group's business performance, financial results, future outlook, and potential risks and uncertainties [Business Review](index=6&type=section&id=Business%20Review) The Group manufactures and promotes proprietary graphics card brands and provides ODM/OEM services, expanding into Southeast Asia with new facilities and a Singapore listing, driven by strong demand from PC gaming and AI - The Group manufactures ODM/OEM graphics cards and promotes its proprietary brands ZOTAC, Inno3D, and Manli graphics cards and other products[12](index=12&type=chunk) - The company strategically relocated its headquarters to Singapore and obtained a secondary listing on the Singapore Exchange, while establishing new manufacturing facilities in Batam, Indonesia, to expand into the Southeast Asian market[14](index=14&type=chunk) - The graphics card industry is driven by technological advancements in PC gaming, e-sports, streaming, and AI acceleration, leading to sustained demand growth[13](index=13&type=chunk) [Business Performance](index=7&type=section&id=Business%20Performance) The Group's revenue increased by 28.5% year-on-year to HKD 6,355.3 million in the first half of FY2025, primarily driven by increased graphics card sales, especially strong performance in branded business 2025 First Half Fiscal Year Business Performance | Indicator | 2025 First Half Fiscal Year (Million HKD) | 2024 First Half Fiscal Year (Million HKD) | Change (Million HKD) | Growth (%) | | :--- | :--- | :--- | :--- | :--- | | Total Revenue | 6,355.3 | 4,944.2 | 1,411.1 | 28.5% | | Graphics Card Sales | 5,770.3 | 4,088.7 | 1,681.6 | 41.1% | | Branded Business Sales | 4,961.0 | 3,094.3 | 1,866.7 | 60.3% | - Strong demand for RTX 50 series graphics cards, coupled with the company's successful acquisition of the latest top-tier RTX 5090 GPU after relocating its headquarters and secondary listing, drove a robust rebound in proprietary branded graphics card sales[15](index=15&type=chunk) [Business Compliance](index=7&type=section&id=Business%20Compliance) The Group's operating entities consistently comply with relevant laws and regulations and fulfill social responsibilities under ISO and RBA standards - The Group's operating entities consistently comply with laws and regulations and fulfill social responsibilities under ISO9001, ISO14001, ISO45001, QC080000, ISO13485, and RBA codes[16](index=16&type=chunk) [Financial Overview](index=8&type=section&id=Financial%20Overview) The Group's revenue increased by 28.5% to HKD 6,355.3 million in the first half of FY2025, with profit attributable to owners growing by 29.0% to HKD 250.4 million, while gross margin slightly decreased to 10.5% 2025 First Half Fiscal Year Key Financial Data | Indicator | 2025 First Half Fiscal Year (Million HKD) | 2024 First Half Fiscal Year (Million HKD) | Change (Million HKD) | Growth (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 6,355.3 | 4,944.2 | 1,411.1 | 28.5% | | Gross Profit | 669.5 | 558.4 | 111.1 | 19.9% | | Gross Margin | 10.5% | 11.3% | -0.8% | - | | Profit Before Income Tax | 305.3 | 228.5 | 76.8 | 33.6% | | Profit for the Period Attributable to Owners of the Company | 250.4 | 194.1 | 56.3 | 29.0% | | Net Profit Margin | 3.9% | 3.9% | 0.0% | - | | Earnings Per Share (HKD) | 0.645 | 0.500 | 0.145 | 29.0% | | Net Asset Value Per Share (HKD) | 7.899 | 7.379 | 0.520 | 7.1% | 2025 First Half Fiscal Year Revenue Composition | Revenue Source | Proportion | | :--- | :--- | | Graphics Cards | 90.8% | | Other PC-related Products and Components | 4.6% | | EMS | 4.6% | | Region | Proportion | | :--- | :--- | | Asia Pacific | 40.1% | | China | 21.6% | | NALA | 13.2% | | EMEAI | 25.1% | [Outlook](index=10&type=section&id=Outlook) The company anticipates strong demand for RTX 50 series graphics cards, but global semiconductor chip capacity is constrained by AI chip demand, with plans to delist from HKEX after Singapore Exchange approval for primary listing - Demand for NVIDIA RTX 50 series graphics cards (based on Blackwell architecture) is expected to remain strong in the second half of FY2025 due to higher gaming performance and AI integration capabilities[24](index=24&type=chunk) - The graphics card business faces constrained global semiconductor chip supply due to intense competition for capacity from the immense demand for AI chips[24](index=24&type=chunk) - The company has become a member of the NVIDIA Partner Network and received approval for primary listing on the Singapore Exchange, with plans to delist from the Hong Kong Stock Exchange within the current fiscal year[24](index=24&type=chunk) [Potential Risks and Uncertainties](index=10&type=section&id=Potential%20Risks%20and%20Uncertainties) The Group faces multiple risks, including high reliance on NVIDIA, intense industry competition, loss of key personnel, manufacturing disruptions, material cost volatility, revenue concentration in graphics cards, trade tariffs, and global economic uncertainty [Concentration Risk on NVIDIA as Primary GPU Supplier](index=10&type=section&id=Concentration%20Risk%20on%20NVIDIA%20as%20Primary%20GPU%20Supplier) The Group's high reliance on NVIDIA for GPUs, accounting for approximately 68.5% of total procurement, poses significant business and financial risks from any supply disruptions or NVIDIA's shift to AI applications - NVIDIA is the Group's largest GPU supplier, with procurement accounting for approximately **68.5% of total procurement**, posing a high concentration risk[25](index=25&type=chunk) - NVIDIA's shift in business focus towards AI applications may lead to prioritization of AI-related products, affecting the Group's access to gaming GPU supplies[26](index=26&type=chunk) - Any disruption in the relationship with NVIDIA or supply interruptions could have a material adverse effect on the Group's business, financial condition, and prospects[26](index=26&type=chunk)[27](index=27&type=chunk) [Intense Industry Competition and Risk of Market Share Loss](index=11&type=section&id=Intense%20Industry%20Competition%20and%20Risk%20of%20Market%20Share%20Loss) The computer electronics manufacturing industry is highly competitive with short product lifecycles, and failure to adapt to market dynamics or new technologies may lead to market share and revenue loss - The Group operates in a highly competitive industry with continuously shortening product lifecycles, and failure to adapt to market dynamics or emerging technologies may result in falling behind competitors[27](index=27&type=chunk) - Major competitors may possess greater financial resources, raw material supply advantages, economies of scale, and brand recognition, leading to risks of declining profit margins or lost sales for the Group[28](index=28&type=chunk) [Reliance on Executive Directors and Key Management Personnel](index=11&type=section&id=Reliance%20on%20Executive%20Directors%20and%20Key%20Management%20Personnel) The Group's performance is highly dependent on the continued service of its executive directors, senior management, and sales representatives, and their departure without suitable replacements could severely impair operations - The Group's performance depends on the continued service and performance of its executive directors, senior management, and sales representatives[29](index=29&type=chunk) - The departure of any key management personnel without suitable replacements could have a material adverse effect on the Group's business, financial condition, and prospects[29](index=29&type=chunk)

Group 1 - The core point of the article highlights that on September 11, shareholders of Power Assets Holdings (01263) transferred shares from GF Securities Hong Kong to UOB Kay Hian (Hong Kong), with a market value of HKD 242 million, accounting for 9.58% of the total shares [1] - Power Assets Holdings reported a revenue of HKD 6.355 billion for the six months ending June 30, 2025, representing a year-on-year growth of 28.5% [1] - The company’s attributable profit to shareholders was HKD 250.4 million, reflecting a year-on-year increase of 29.0% [1] Group 2 - The basic earnings per share for Power Assets Holdings stood at HKD 0.645, with an interim dividend proposed at HKD 0.25 per share [1]

® PC PARTNER GROUP LIMITED 栢能集團有限公司 * （於開曼群島註冊成立之有限公司） （港交所股份代號：1263） （新加坡交易所股票代碼：PCT） 董事名單及其角色和功能 以下載列栢能集團有限公司的董事會（「董事會」）成員： 執行董事 王錫豪先生 （主席兼行政總裁） 王芳柏先生 （副執行總裁） 梁華根先生 （營運總監） 何乃立先生 文偉洪先生 陳艷女士 蔡思勄先生 吳成偉先生 江治強先生 關秀英女士 LOW Teck Seng教授 張俊偉先生 * 僅供識別 – 1 – 下表提供董事會成員在委員會中之職務。 | | 董事委員會 | | | | | --- | --- | --- | --- | --- | | 董事 | 審核委員會 | 薪酬委員會 | 提名委員會 | 執行委員會 | | 王錫豪先生 | — | — | — | C | | 王芳柏先生 | — | — | — | M | | 梁華根先生 | — | — | — | M | | 何乃立先生 | — | — | — | M | | 文偉洪先生 | — | — | — | M | | 陳艷女士 | — | C | M | — | ...